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The European stock markets are now open for live trading and it has been a very positive start to the day. The DAX has done as expected and not only set a record opening, but then extended that to push above 19,150 as this update is typed. That means it has jumped well above the previous record, at 19,044. The gains in the DAX come alongside and even bigger percentage gain for the CAC 40 on the opening and once again the FTSE 100 is lagging. The sharply lower oil price would seem to account for that underperformance. The DAX is just now backing off a bit and perhaps we should remember there is a yawning opening gap in place to that 19,044 level. We shall just have to see, if that does get filled at some point today. The index is just now trading at 19,135
Earlier today the slide in the dollar allowed the Pound to have a very close look at a level mentioned here many times before. That is the 2024 high...
Since the last update here on the Nasdaq 100, the index has suffered further selling and a lot of that is heavy losses across the big tech sector. The...
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